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Ratan Tata Birthday: 5 Leadership Lessons From Industrialist

Entrepreneur Ratan Tata celebrated his 86th birthday on December 28. As the former head of the Tata Group, he remains one of India's most prominent figures, acknowledged for both his business acumen and philanthropy.

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Tara Khandelwal
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5 Leadership Lessons From Ratan Tata

Entrepreneur Ratan Tata celebrated his 86th birthday on December 28. As the former head of the Tata Group, he remains one of India's most prominent figures, acknowledged for both his business acumen and philanthropy. With a significant social media presence, he boasts 12.7 million followers on X (formerly Twitter) and 9 million on Instagram. His inspirational messages, quotes, and speeches resonate widely, particularly among the younger audience, garnering appreciation from a global audience.

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The 86 year old began his career with the Tata Group in 1961, and spearheaded the company from a $1.5 billion market cap to a $100 billion market cap. The legendary scion has been an inspiration for leaders across the world.

Here are 5 leadership lessons we can learn from Ratan Tata:

1. He is a visionary. When he joined the group, it was barely doing any business outside India. Even though many opposed him, he maintained that the company had to go global. Today half of Tata's revenues come from overseas. Under his leadership, Tata acquired brands like Tetley, Jaguar Land Rover, and Taj Boston.

Shaili Chopra with Ratan Tata

SheThePeople.TV Founder Shaili Chopra with Ratan Tata

2. He is known for his humility, and there are countless examples. He started out working as a blue-collar employee for Tata Steel. He personally visited the families of the 80 employees who were affected because of the 26/11 attacks. He remembers almost everyone by their first names, and is not dismissive. There are many examples of how attentive he is, and he is well loved by all who know him.

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3. He is a decision maker. A famous quote of his is "I don't believe in making the right decisions. I take decisions and then make them right."

4. He inspires people. Tata does well because its employees and management adhere to its values. Ratan Tata has made sure that the huge conglomerate sticks to the Tata values. The mission of the company is "to improve the lives of the communities we serve globally."

5. He is a risk taker. He has made big moves like launching the Tata Nano, and acquiring the second largest steel-maker in Europe.

"A life without excitement, ups and downs is too much boring and dull. You need to be a storyteller to your grandchildren, why don’t prepare for that from now? We get this life only once, experience every aspect of it. No one ever have grown without falling once, fail as many times as you can, then only you can succeed. So quit complaining and start exploring," he has said. 

Ratan Tata Cyrus Mistry Tata Group leadership lessons
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